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Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.
In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name. The ownership titles of these 49 units is referred to as Freehold or Foreign Quota.
This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.
After you have found the right property at Royal Residence 1 you have to follow these steps:
Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.
Royal Residence 1 is located 5670 from ADNOC Oasis | Dubai Studio City (538) and it can be reached within 15 mins by car.
There are many other shops situated in the area of Royal Residence 1, the 3 closest being:
- WAITROSE ویتروس is 3.1 km away (an approx. drive of 9 mins.)
- Georges of Dubai is 3.1 km away (an approx. drive of 9 mins.)
- Motor City Shopping Centre - Spinneys Mall is 6.5 km away (an approx. drive of 12 mins.)
The surrounding area, where Royal Residence 1 is situated, offers a wide variety of restaurants. See the closest of them below:
- The Pangolin Restaurant and Lounge is 790 m away (a walk of about 10 mins.)
- Shawarma Al Karmel is 550 m away (a walk of about 7 mins.)
- The Els Club At Dubai Sport City is 890 m away (a walk of about 11 mins.)
Eupepsia Medical Clinic is the nearest health facility, which is 1.9 km away (you can drive there in 5 mins.) from the project, while the closest schools in the proximity of Royal Residence 1 are:
- Pan Global Sports Tower is 390 m away (about 5 mins. by foot)
- Victory Heights Primary School is 430 m away (about 5 mins. by foot)
- Kinder Castle Nursery School is 480 m away (about 6 mins. by foot)
Dubai International Airport is located 41.5 km from Royal Residence 1 and it takes about 36 mins. by car or taxi (depending on the traffic) to get there.